Permian owner file
Sell Mineral Rights in Hobbs, NM
Hobbs grew up as an oil town before it was much of anything else, and that history is still sitting in the courthouse title records for a lot of the minerals nearby.
The Hobbs field was one of the discoveries that put Lea County on the map back in the 1930s, and production here has run continuously since through waterflood, workovers, and now horizontal development on the acreage that hasn't already been fully developed vertically.
Old field, layered ownership
A lot of mineral interests around Hobbs have changed hands through inheritance three or four times since the field was first developed. That means fractional interests split among cousins and second cousins are common, and it means courthouse records sometimes need real digging to trace. We do that work before we ever put a number in front of you.
What's actually producing on your tract
We check whether your interest is tied to older San Andres or Yeso production, newer Bone Spring and Wolfcamp horizontal wells nearer the Texas line, or both. Those come with very different decline profiles, and we price your tract off what's actually on it rather than a flat Hobbs-area number.
Working with the Lea County Clerk's records
Because Hobbs has been an oil town for so long, the recorded deeds and assignments on some tracts run through several operators and several generations of the same family. We pull those records directly from the county clerk rather than asking you to track down documents you may not have, and we'll explain what we find in plain terms before we ever make an offer.
Begin with the county record trail
A royalty review in each state starts with the recording office, legal description, deed chain, reservations, lease, units, division orders, payor records, statements, and regulatory well data.
Route local legal and tax questions correctly
Probate, marital property, dormant-mineral law, pooling, recording, transfer tax, regulatory filings, and payor-notice rules can differ from state to state. Those questions belong with qualified advisers.
Read the local tract against the Permian schedule
In every state, the royalty run sheet keeps the tract separate from broad county averages. The review pairs the legal description with producing wells, product lines, paid decimals, deductions, check history, decline, nearby permits, offset completions, operator changes, title exceptions, retained depths, and the exact property schedule in the written offer. Observed payments and recorded interests stay distinct from possible future locations, marketing claims, and assumptions that still need dated support.
your family's Hobbs interest has been split for decades. Can you still buy it?
Yes. Fractional interests split among multiple heirs are common around Hobbs, and we can purchase one heir's share without the rest of the family selling.
Is Hobbs still an active drilling area?
Parts of it are, especially toward the Texas line where Bone Spring and Wolfcamp horizontal development continues. Other acreage is legacy San Andres and Yeso production on longer, steadier decline.
What documents do you need to get an offer?
A recent division order or check stub is the fastest starting point, but if you don't have one we can locate your interest through Lea County clerk records and NMOCD filings.
How long has oil been produced around Hobbs?
The Hobbs field dates back to a 1930s discovery, and production has continued through multiple phases of redevelopment since. Long production histories like this give us a documented decline curve to price against.